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>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he made a documentary called "capitalism". i get the idea of tax credits for companies that create jobs. how many jobs do you think this michael moore movie created. >> brian: you see his movies really, since the bush one, have really tanked since, have not gotten the traction and he's pretty much disappeared, which i think is a good thing. >> steve: you think so? anyway, speaking of disappeared, whole bunch of michigan's money, $841,145 in taxpayer funded incentives disappeared into the making of that fine motion picture. >> gretc
>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he...
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Dec 10, 2012
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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Dec 12, 2012
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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Dec 6, 2012
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. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about that. and take a look at these guys, they got high, went for a drive. so what's the plan to keep roads safe now that marijuana is legal in a couple of states? don't ask the government. they haven't figured it o yet. so for now, is your road safety at risk begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. yep. the longer you stay with us, the more you save. and when you switch fro
. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about...
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Dec 11, 2012
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steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's start with you. so how does this work? if the police department is quote unquote, laid off, what keeps camden safe going forward? >> actually, the layoffs will not occur until such time as the new force stands up and has sufficient staffing to be able to take over the police functions. >> steve: when is that supposed to be? >> we're looking at the spring. the new police department by the end of spring. >> steve: okay. chief. eric and i both live in new jersey. we know camden has a real crime problem. we can put autopsy graphic that
steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's...
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Dec 13, 2012
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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Dec 7, 2012
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steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence - tunce tsun ami. >> and day after two hunters found two bodies can doysens of people held a vigil to remember elizabeth collins and lyric cook . >> this time the law enforcement is confident based on the investigation that the bodies found yesterday are those of lyric cook and elizabeth collins. >> gretchen: a positive id will be made by the medical examiner. more importantly how did they die? they are accused of aiding terrorist and planning weapons of mass destruction and they will come face to face with a judge in florida. they were both from pakistan . they planned an attack with weapons of mass destruction. prince charles is speaking
steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence -...
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Dec 5, 2012
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even steve jobs used to eat there." and mona's sort of taken aback and bites her tongue and doesn't say, "steve jobs is your son." but she looks shocked, and he says, "yeah, he was a great tipper." >> and i was in that restaurant once or twice, and i remember meeting the owner, who was from syria, and it was most certainly him, and i shook his hand, and he shook my hand, and that's all. >> and jobs never spoke to him, never talked to him, never got in touch with him, never wanted to see him. [ticking] >> coming up, steve jobs delays cancer surgery. >> how could such a smart man do such a stupid thing? >> you know, i think that he kind of felt that if you ignore something, if you don't want something to exist, you can have magical thinking, and it had worked for him in the past. >> more steve jobs when 60 minutes on cnbc returns. lots of prepaid cards come pre-filled with problems. enough is enough. introducing the chase liquid reloadable card. with chase liquid, there's no waiting and no fee to activate you can load cas
even steve jobs used to eat there." and mona's sort of taken aback and bites her tongue and doesn't say, "steve jobs is your son." but she looks shocked, and he says, "yeah, he was a great tipper." >> and i was in that restaurant once or twice, and i remember meeting the owner, who was from syria, and it was most certainly him, and i shook his hand, and he shook my hand, and that's all. >> and jobs never spoke to him, never talked to him, never got in touch...
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Dec 12, 2012
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to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those that serve with me today, serving the sixth district of ohio, came through steve austria's office. and -- where they learned and where they saw the value of hard work and steve austria and i appreciate so much what steve has done for our delegation. to dennis kucinich. you know, i had seen dennis many, many times on television prior to being elected myself, seeing the interviews. dennis was a known leader and political figure in the state of ohio and people told me early on , you know, you don't have to agree with everything that dennis says, but one
to steve austria, steve is another one that reached out. as a 26 1/2-year veteran of the air force, wright patterson air force base is -- it's important to the state of ohio, that is true. but it's important to the air force. it's porch to our nation. -- important to our nation. and i've appreciated the work that steve has done there. steve might not realize this, but he trained many of the staff that i have today. i'm very pleased with the staff that i have here in washington and many of those...
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. >> it's snot just steve though. it's the talent steve attracted and whether or not thatt atalen is leaving or if it's still there. what are you shaking your head about? >> i think johnny ive is certainly as much of a talent magnet as steve jobs. this person has an aura about him. i think a lot of people at apple and surrounding apple are very exciting when tim cook did a good job of selecting johnny ive instead of scott forestall. you hear reports of people applauding that johnny is the man now. he's going to run the design over there. it's big news. >> all right. we'll leave it there. >> scott wasn't so popular either, which was part of the reason for the applause. >> guys, thanks. appreciate it. catch the full interview with apple ceo tim cook tonight 10:00 p.m. eastern on nbc's "rock center." >> looking forward to that. >>> as we head toward the close with about 40 minutes left on the trading session, losing altitude here. >> how about zynga? the company known for its farmville game, of course. the company is now
. >> it's snot just steve though. it's the talent steve attracted and whether or not thatt atalen is leaving or if it's still there. what are you shaking your head about? >> i think johnny ive is certainly as much of a talent magnet as steve jobs. this person has an aura about him. i think a lot of people at apple and surrounding apple are very exciting when tim cook did a good job of selecting johnny ive instead of scott forestall. you hear reports of people applauding that johnny...
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>> steve: right. >> jimmy: it will air. and try and maybe -- can't talk about it anymore. but, anyways, keep sending in those tweets. we'll be taking them up until 8 p.m. eastern time friday. and you can follow all the progress and see how you can get involved by going to steerthescript.com. let's make a commercial with lincoln. [ cheers and applause ] this is gonna be fun you guys! we'll be right back with more "late night." come on. [ cheers and applause ] ♪ [ male announcer ] everyone loves to dunk. mcdonald's tender, juicy chicken mcnuggets in spicy buffalo and creamy ranch sauce. just $4.99 for 20 of your favorite chicken mcnuggets. more ways to love mcnuggets. ♪ more ways to love mcnuggets. ♪ [ cheers and applause ] >> jimmy: welcome back. hey, everyone, i'm so excited. coming up is my favorite game. this game is amazing. if you like carpets and you like samples, you're gonna love this. [ laughter ] it's a game we call "wheel of carpet samples." ♪ [ cheers and applause ] >> jimmy: let's give it up for tonight'
>> steve: right. >> jimmy: it will air. and try and maybe -- can't talk about it anymore. but, anyways, keep sending in those tweets. we'll be taking them up until 8 p.m. eastern time friday. and you can follow all the progress and see how you can get involved by going to steerthescript.com. let's make a commercial with lincoln. [ cheers and applause ] this is gonna be fun you guys! we'll be right back with more "late night." come on. [ cheers and applause ] ♪ [ male...
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Dec 12, 2012
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i think steve has it exactly right, though. the expansion to $1 trillion annually a year in terms of check writing is significantly potent in terms of potential inflation. it it just depends upon the private sector taking the bait and providing animal spirits to that fire power. >> i don't know if you saw at the top of the show, our crack team made a demonstration of ben bernanke pulling the economy over the cliff. if we go over, automatic tax cuts, automatic spending hikes on everybody, we must add, does ben bernanke and the merry band of fed governors have the strength and the ability and the fire power to pull us back? >> they've already admitted that, if we were to go over the fiscal cliff, there's little that the fed can do in terms of tools to create the kind of a scenario that we would like to see. so fortunately, the arguments for getting a deal done outweigh the arguments for not doing one before the 112th congress closes. >> you don't think, charles, they can not just shower the people with love, but shower them with
i think steve has it exactly right, though. the expansion to $1 trillion annually a year in terms of check writing is significantly potent in terms of potential inflation. it it just depends upon the private sector taking the bait and providing animal spirits to that fire power. >> i don't know if you saw at the top of the show, our crack team made a demonstration of ben bernanke pulling the economy over the cliff. if we go over, automatic tax cuts, automatic spending hikes on everybody,...
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how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never question what he would have done, never ask the question, what steve would do, to just do what's right. >> doing right has done well for tim cook so far. he's had a good first year on the job. the company's stock is up about 45% during his tenure. and think about this, he's already presided over the rollout of three ipads, two iphones and three macs. >> it is beautiful. stunning. >> you've got guys whose job it is to get this mesh right, to get this curve right. >> to get it precisely right. >> in fairness, however, this past year, they haven't gotten everything precisely right. >> weather. >> nice weather -- >> starting with siri, the small woman who lives in your iphone. the service amazed all of us at first, but then came under criticism for not being perfect or as consistently amazing as steve jobs wanted it to be. th
how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never question what he would have done, never ask the question, what steve would do, to just do what's right. >> doing right has done well for tim cook so far. he's had a good first year on the job. the company's stock is up about 45% during his tenure. and think about this, he's...
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let's check in with steve. >>> thank tara. we had four whoppers of a system, we had low clouds and rain up in certain areas had 14 inches of rain and some in the santa cruz mountains, it is time to dry out a little bit. the only fine ointment will be the wind. unless you have a breeze it will chew it off. temperatures with condensation occurs and there in lies fog and temperatures are mild. it is not taking much to see that fog form. some of it is a low cloud deck and in fact there is no sign of rain on the ten day outlook. fog sun mild, thick fog, maybe some drizzle, nothing too outrageous, nothing like what we have had over the last few days. 60s for temperatures and a little bit of sun, a little drizzle as well. saturday and sunday, it looks like calm conditions and we take it in with a north wind. >>> thank you steve. santa clara animal shelters think they can send some animals to a new home. from now until the end of the month, adoption fees will drop significantly. it will cost up to $12 to buy a new animal and this coup
let's check in with steve. >>> thank tara. we had four whoppers of a system, we had low clouds and rain up in certain areas had 14 inches of rain and some in the santa cruz mountains, it is time to dry out a little bit. the only fine ointment will be the wind. unless you have a breeze it will chew it off. temperatures with condensation occurs and there in lies fog and temperatures are mild. it is not taking much to see that fog form. some of it is a low cloud deck and in fact there is...
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steve bridges in -- stretch of the imagination, steve bridges up in tahoe. it will be unbelievely thick fog in the north and east bay. everything looks good for the weekend, clearing out, breezy, cooler, at least sunny. >> all right, steve. that's our story for tomorrow. >>> three east bay firefighters badly hurt on sunday in a crash on highway 24 in orinda during that big storm are out of the hospital and back home. they had rushed to several crashes caused by sunday's storm. they were hit as they were standing on the shoulder of highway 24. a fourth person, another driver was also hit. that driver is still in critical condition. now, the fire chief of morago says they are looking at new safety rules to keep another accident like that from happening again. >>> a new crime-fighting tool for san francisco police, every week, police officers will post videos like the one you are looking at here on the department's website under a section called the lineup. they are hoping you will see the videos and report tips. now, this surveillance video shows a man using a
steve bridges in -- stretch of the imagination, steve bridges up in tahoe. it will be unbelievely thick fog in the north and east bay. everything looks good for the weekend, clearing out, breezy, cooler, at least sunny. >> all right, steve. that's our story for tomorrow. >>> three east bay firefighters badly hurt on sunday in a crash on highway 24 in orinda during that big storm are out of the hospital and back home. they had rushed to several crashes caused by sunday's storm....
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Dec 11, 2012
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steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testostero
steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you...
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Dec 12, 2012
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let's go to steve. >> let's go to steve. a few breaks in the clouds, shower activity, cold pattern here. this was the first one of what looks to be many coming in. it looks like a very fast- moving pattern, very active. sun and clouds, cold and breezy. the coldest air comes in tomorrow morning. the extended, a cold pattern, series of fronts. i'm seeing this out to the 22nd of december. if the pattern is right, kind of a colder pattern, this will be good for the mountains. snow. there's usually not a lot of rain associated with this pattern. but there are hints of this and also into christmas week. there's some light rain around. it's been out towards concord and livermore and altamont pass. a little bit stronger towards sunnyvale, palo alto on 280. 101 back to saratoga. nothing too outrageous. there was a little bit of rain on the dumbarton. you can see on the new whack side and -- the new arc side -- newark. there's not a lot here. you can seat the cold air -- you can see the cold air coming in. the temperatures will rise.
let's go to steve. >> let's go to steve. a few breaks in the clouds, shower activity, cold pattern here. this was the first one of what looks to be many coming in. it looks like a very fast- moving pattern, very active. sun and clouds, cold and breezy. the coldest air comes in tomorrow morning. the extended, a cold pattern, series of fronts. i'm seeing this out to the 22nd of december. if the pattern is right, kind of a colder pattern, this will be good for the mountains. snow. there's...
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Dec 5, 2012
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steve is talking about not quite a big storm. we have definitely seen rain out there. >> this is last of the four coming through. it's doing its job which is giving us rain but nothing like we had on sunday morning or anything on friday night or saturday. but still rain out there. you see the whole system enhancing a little bit off the marin coast, san francisco we had reports of rain picking up there. see around i know kentfield is up to a quarter inch of rain. and right there. move into the city marin head land and also toward sunset district. we'll talk more about this coming up shortly. here is tara. >>> you can take a look here at highway 24. we do have an accident to report here westbound. this is upper -- this is happy valley road exit. major damage a solo vehicle spinout. be careful of the wet roadways. up next you have a look at the san mateo bridge. traffic is doing well here in both directions and it's pretty dry. 5:31 let's head back to the desk. >>> right now police in berkeley are clearing a crime scene next to a mi
steve is talking about not quite a big storm. we have definitely seen rain out there. >> this is last of the four coming through. it's doing its job which is giving us rain but nothing like we had on sunday morning or anything on friday night or saturday. but still rain out there. you see the whole system enhancing a little bit off the marin coast, san francisco we had reports of rain picking up there. see around i know kentfield is up to a quarter inch of rain. and right there. move into...
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Dec 12, 2012
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let us bring in steve with more and the fed's outlook, steve? >> i think the story here today is federal reserve despite saying it will spend something like a trillion dollars in additional qe this year or next year is lowering its economic forecast. if you look at the outlook for 2012 through 2015, it actually lowered the outlook from its september forecast. take a look here. tenth off of 2012. tenth off of 13. 15 bases points out of 2014 and 2015. look at what the federal reserve did with unemployment rate.
let us bring in steve with more and the fed's outlook, steve? >> i think the story here today is federal reserve despite saying it will spend something like a trillion dollars in additional qe this year or next year is lowering its economic forecast. if you look at the outlook for 2012 through 2015, it actually lowered the outlook from its september forecast. take a look here. tenth off of 2012. tenth off of 13. 15 bases points out of 2014 and 2015. look at what the federal reserve did...
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Dec 6, 2012
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here is steve. >>> we have low cloud desk, there are other areas brandon and pacifica. man, it is thick here and there are some areas where fog is an issue and it is misty, fog sun, muggy, there is a lot of moisture in the area, we get a north wind that will scour that fog out, it will be an issue especially out in the valley and up above, there is no cloud deck to stop the sunshine. the pattern is changed and we are out of this rain which is a good thing. the hills are definitely saturated, clipping to the north, overall no biggy, everything is east of us and it looks like a cold pattern. the only change would be towards the weekend and the wind will pick up. by sunday into monday, it looks like a dry pattern, pam, dave? >>> all the european markets are up and investors are reacting to the bank of america announcement and interests will move at their current levels. australia hong kong, all of them finished with losses. the weaker yen continues to benefit the exporters there. >>> futures do indicate a lower opening this morning, maybe testing that 13,000 level but the
here is steve. >>> we have low cloud desk, there are other areas brandon and pacifica. man, it is thick here and there are some areas where fog is an issue and it is misty, fog sun, muggy, there is a lot of moisture in the area, we get a north wind that will scour that fog out, it will be an issue especially out in the valley and up above, there is no cloud deck to stop the sunshine. the pattern is changed and we are out of this rain which is a good thing. the hills are definitely...
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Dec 7, 2012
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>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned d
>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down...
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steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that clear answer is gold hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but whenoint pain and stiffness from psoriat arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffns, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. sious, sometimes fatal events including infections, tuberculosis, lymphoma, other
steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that...
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Dec 6, 2012
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apple tv living in the legacy of steve jobs. we're going to take a very close look on what is next for america's favorite gadgetmaker. >>> speaking of gadgets, rivalry research in motion, offering training programs and promotions for its upcoming blackberry 10. it's targeted corporations. bold move or maybe a desperate one? >>> any move might be welcome down here. democrats want tax hikes on the rich. republicans want entitlement cuts. we've heard this before, haven't we? what do average americans want to see in a fiscal cliff solution. we've got the exclusive results of our exclusive cnbc all-america economic survey. >>> now to everybody's all-american, sue herera standing by at the nyse. >> you're sweet, ty. thanks. >>> we're a little bit on the downside. we really kind of retraced a little bit on the dow jones industrial average. previous to this we were solidly in the green in all three of the major market indices. the dow now down 14 1/2 points. nasdaq up eight. the s&p is down just a fraction. of course we are also watchin
apple tv living in the legacy of steve jobs. we're going to take a very close look on what is next for america's favorite gadgetmaker. >>> speaking of gadgets, rivalry research in motion, offering training programs and promotions for its upcoming blackberry 10. it's targeted corporations. bold move or maybe a desperate one? >>> any move might be welcome down here. democrats want tax hikes on the rich. republicans want entitlement cuts. we've heard this before, haven't we? what...
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Dec 5, 2012
12/12
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let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching from concord back over toward berkeley and highway 24. and right toward san francisco you can see that is pretty heavy rain right off the marin head lands. there is pockets of very heavy rain there. it looks like it's flowing south. you can see right off the coast as well things have been enhancing. also over toward interstate 80 over toward hercules, pinole, and back over toward lafayette. things are beginning to fill in. overall the line is taking a west to east angle and it's moving over us. rain here for some not at all. it will be cloudy. for other
let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching...
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Dec 5, 2012
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steve is not calling it a storm. >> that is right. especially state route 9 in the santa cruz mountains. we do want to go back to the two-car crash on 580 in oakland. we do have lanes that are still blocked there. this was an accident involving two cars at lake shore avenue. and we understand that one of the parties is actually still trapped inside of the car. emergency crews are trying to get those people out. we will keep you updated if this seems to cause anymore traffic problems. up next we will take a live look at the golden gate bridge. you can see how wet it is out there as you drive into san francisco this morning. down in the south bay 237 milpitas. traffic is flowing pretty well on to sunnyvale. >>> our system is finally moving through. took awhile to get here. for most it was a cloudy day. for rain in the north bay. petaluma. half inch to an inch of rain. couple amounts a little higher than that toward the russian river. our system is moving slowly south. giving us drizzle, cloudy, foggy. light rain occasionally moderate ra
steve is not calling it a storm. >> that is right. especially state route 9 in the santa cruz mountains. we do want to go back to the two-car crash on 580 in oakland. we do have lanes that are still blocked there. this was an accident involving two cars at lake shore avenue. and we understand that one of the parties is actually still trapped inside of the car. emergency crews are trying to get those people out. we will keep you updated if this seems to cause anymore traffic problems. up...
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Dec 11, 2012
12/12
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steve? >>> there is not a lot of rain coming in compared to what we had last week and the cold air will be here for a while. we have a front coming into the north, trust me, it is up there. we have front coming into the north, trust me, it is up there. i was about ready to dance and you don't want to see that. already pushing the low clouds in and it looks like half san mateo and it is cold out there already. concord 39, also cold in santa rosa. our system does not have a lot of rain with it and a lot of snow but at least the snow level will be coming down. our cloud rain forecast does not start until late tonight. late 10:00 and overnight it will bring in some rain and that is shower activity. it hit and miss, this is rain and that is shower activity and cooler today and we will get more of a westerly breeze. highs on wednesdays, we are struggling to get over 55. it starts at 10:00 with that and low clouds fog up 50s on the temperatures and this will be it for the 60s. 52 and 54 and it look
steve? >>> there is not a lot of rain coming in compared to what we had last week and the cold air will be here for a while. we have a front coming into the north, trust me, it is up there. we have front coming into the north, trust me, it is up there. i was about ready to dance and you don't want to see that. already pushing the low clouds in and it looks like half san mateo and it is cold out there already. concord 39, also cold in santa rosa. our system does not have a lot of rain...
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Dec 12, 2012
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chair, steve beckner of market news international. with the federal government borrowing roughly $1 trillion a year and now with the fed on pace to buy roughly $1 trillion a year in bonds, are you concerned about a public and possibly global perception that the fed is accommodating not just growth but accommodating federal borrowing needs, and are you concerned about what this might do to the fed's credibility and the credibility of u.s. finances in general and the credibility of the dollar as the world's leading currency? >> well, first of all, just a couple of facts. the -- we're buying treasuries and mortgage-backed securities, with half and half roughly, so we're buying considerably less than the treasury is issuing, and, moreover, the share of outstanding treasuries that the federal reserve owns is not all that different from what it was before the crisis. while the holdings have increased so obviously have the stock of treasuries in hand so it's not evident that there's been such a radical shift there. you know, we've been incre
chair, steve beckner of market news international. with the federal government borrowing roughly $1 trillion a year and now with the fed on pace to buy roughly $1 trillion a year in bonds, are you concerned about a public and possibly global perception that the fed is accommodating not just growth but accommodating federal borrowing needs, and are you concerned about what this might do to the fed's credibility and the credibility of u.s. finances in general and the credibility of the dollar as...
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Dec 9, 2012
12/12
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steve forbes? >> i met him at an event i did when i was working in southern california and one thing led to another. i moved back to new york. i am from new york and started working at "forbes" of the pr department. >> elizabeth ames, or practical experience, how do that that? >> i've learned a lot since "forbes." when i sat "forbes" islandwide about markets. again, i began as a journalist and worked at "businessweek" many years ago as a journalist. but when i started to work as an entrepreneur, i learned about the fact that you really need to have economic freedom to create jobs. something i learned personally. if you're obviously just getting a paycheck, you really don't understand how government can affect that firsthand. that was one of the things that led me to think this is a useful idea for a book. >> overall, philosophically, how do you see the role of government, the role of congress, the role of the president in the economy? >> basically this book raises and answers the question. we need
steve forbes? >> i met him at an event i did when i was working in southern california and one thing led to another. i moved back to new york. i am from new york and started working at "forbes" of the pr department. >> elizabeth ames, or practical experience, how do that that? >> i've learned a lot since "forbes." when i sat "forbes" islandwide about markets. again, i began as a journalist and worked at "businessweek" many years ago as a...
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Dec 13, 2012
12/12
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steve buys the stock. what was said in the phone call? did steve know it was insider trading when he bought the stock or should have known. i like steve to be honest. i think, you know, my opinion is they shouldn't put anybody in jail for insider trading. it's nonsense. it's a civil crime. it's not people go in jail for robbery. >> i have to get to the twining ky news, charlie. there's twinkie news which is that walmart may save hostess, of course, the proprietor of twinkies. the word is that these two are possible bidders. hostess says no. >> why? >> i don't know. i think kroger wants the wander bread. >> how much it go for? >> 1 billion liquidadtio. >> maybe that's why nobody cared. >> you don't allow anything negative in your body at all. you have not ate a twinkie in -- >> i could say 40 years. >> 40, okay. >> now you know i'm over 40. >> i was 38. okay. 83 appointments to the downside, well off the lows, we were down 96 points for the dow jones industrial, red across the board. stay tuned, coming righ
steve buys the stock. what was said in the phone call? did steve know it was insider trading when he bought the stock or should have known. i like steve to be honest. i think, you know, my opinion is they shouldn't put anybody in jail for insider trading. it's nonsense. it's a civil crime. it's not people go in jail for robbery. >> i have to get to the twining ky news, charlie. there's twinkie news which is that walmart may save hostess, of course, the proprietor of twinkies. the word is...
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Dec 12, 2012
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. >> steve said you better get a coat and scarf? >> ladies are wearing boots if you want to be prepared well and for some of us it is not that cold but everything is coming out of the gulf of alaska and really, there is not a lot of rain with this but highs today are in the 50s. >>> right now, there is a little bit of wet weather on the roads and that means you might want to be careful. we have traffic which is getting busier by the minute, let's go back to the desk. >>> we have developing fuels just hours -- news just hours ago, a pickup truck went into a building where a small child was asleep. this is exclusive video from inside the house. a two-year-old girl was taken to the hospital and we are told she was not seriously hurt. joseph austin has been arrested on suspicion of drunk driving. and police are investigating after woman gave birth on a san francisco street and she was out begging for help. here is the latest on that woman and where was she going when she was trying to get help, claudine? >> reporter: we are still trying
. >> steve said you better get a coat and scarf? >> ladies are wearing boots if you want to be prepared well and for some of us it is not that cold but everything is coming out of the gulf of alaska and really, there is not a lot of rain with this but highs today are in the 50s. >>> right now, there is a little bit of wet weather on the roads and that means you might want to be careful. we have traffic which is getting busier by the minute, let's go back to the desk....
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Dec 5, 2012
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with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an addiction problem, a terrible addiction problem. he got passed -- it was an inspiring story, but he seemed to fall off the cliff. n
with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth...
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Dec 10, 2012
12/12
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let's go to steve. >>> thank you. it's windy for some especially the higher elevation -- higher elevations. it's very mild. the hills are green, the air is clean, though. i snow some of the mornings are -- i know some of the mornings are chilly but it will be alaska-light. thinks, 40s, 50s and 60s. that east wind mild for some. very cold for others, especially out in the north and east and also up towards lake county, mendocino county. we'll get about .25 to .50 or .75. i think you will notice the cold more than anything else. partly cloudy. 60s and 70s. downtown oakland, could have some records. oakland set one at 66. a coast rain moves in and then the rain moves out. but the cold stays. a breezy, windy cold day. >> thank you, steve. >>> 7:57. a confession from an accused road rage killer. what prompted a man to open fire on another driver in the sacramento area. >> we're live in san leandro where two men are trapped inside a burning big rig. we'll tell you how they managed to escape. >>> a man and woman are found bo
let's go to steve. >>> thank you. it's windy for some especially the higher elevation -- higher elevations. it's very mild. the hills are green, the air is clean, though. i snow some of the mornings are -- i know some of the mornings are chilly but it will be alaska-light. thinks, 40s, 50s and 60s. that east wind mild for some. very cold for others, especially out in the north and east and also up towards lake county, mendocino county. we'll get about .25 to .50 or .75. i think you...
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Dec 12, 2012
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steve said it will be a little breezy which another way of saying it will be windy. so be careful as you move along on causeways and bridges. driving south on 880 north up to downtown oakland traffic is fine and in hayward there doesn't seem to be any problems, traffic is moving well. here is steve. >>> thank you sal, our weak system is coming through and we have a very chilly pattern and some shower activity coming down from the northwest and this will favor areas closer to the west and off shore. at least the snow levels are much, much lower compared to a week ago when it was high. today colder, breezy, scattered showers and this time of year you have a low dropping down and it does not take much to get build ups. cool highs in the 50s. you can see -- not a lot to this system. it looks like it wants to leg the coast and on the peninsular as well picking up a little bit, not a lot. it looks like mill bray, i saw some now san mateo, hayward, again this is scattered stuff. 39 are the temperatures and the cold air is moving in and just keep an eye on the sky, it is the
steve said it will be a little breezy which another way of saying it will be windy. so be careful as you move along on causeways and bridges. driving south on 880 north up to downtown oakland traffic is fine and in hayward there doesn't seem to be any problems, traffic is moving well. here is steve. >>> thank you sal, our weak system is coming through and we have a very chilly pattern and some shower activity coming down from the northwest and this will favor areas closer to the west...
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Dec 12, 2012
12/12
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steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply going into 2013. they are concerned that the call on their oil is going to be less than 30 million barrels a day even though they're producing the best part of 31 million barrels ail day. surely they should be taking a little off the table if they want to keep it at current levels. the problem is they don't take any off the table officially. it would send out the wrong message politically. but there's a real concern that oecd inventories, the consuming, western nations, eventually got inventories above 59 days, which is the first time we've seen that in 2012. and it's above the average over the
steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply...
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Dec 10, 2012
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steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about business and private sector like it's like one thing. it's not. there's a small business sector in a restaurant and a lot of job that's are created by that sector. there's a big business sector, for chin 500 companies. a lot of jobs there. but growth in jobs and leverage in terms of innovation are young entrepreneurial growth companies and they do required skilled workers. back one company not too far away living social, started four years ago four people. now 4,000 people four years later and their challenge is hiring smart people to handle it. last point i make, pe
steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about...
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Dec 5, 2012
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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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Dec 5, 2012
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today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behav
today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure...
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Dec 13, 2012
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he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying this was not insider-trading. the government also flipped this doctor who told martoma about the trials. charlie: this is all about martoma's trading. and passing that information to steve cohen. we know that he received that information. we do not know how martoma characterized the information. we do know that steve cohen received it and traded up on it as well. >> $270 million based on that information. it was not taped. it is what they are going to say occurred during that phone call. you will hear a different spin on that phone call. if the feds had martoma in their pocket, that phone call
he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying...
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Dec 6, 2012
12/12
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give it up for steve harvey. [captioning made possible by fremantle media] steve: thank you very much. all right. just--ha ha! hey, welcome to "family feud," everybody. i'm your man steve harvey, and, boy, we got a good one for you today. returning for the second day all the way from waltham, massachusetts, it's the hallowell family...
give it up for steve harvey. [captioning made possible by fremantle media] steve: thank you very much. all right. just--ha ha! hey, welcome to "family feud," everybody. i'm your man steve harvey, and, boy, we got a good one for you today. returning for the second day all the way from waltham, massachusetts, it's the hallowell family...
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Dec 10, 2012
12/12
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FOXNEWS
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. >> steve: delusional of. tomorrow on our program, laura ingraham, cheryl casone, and actress aisha tyler. big show. >> gretchen: see you tomorrow bill: guys. good morning. as we start this week we want to talk about a dangerous rescue in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm bill hemmer. whole new week here at "america's newsroom". martha: i'm martha maccallum. this fallen hero was a member of navy "seal team 6" that carried out the mission to kill usama bin laden. according to officials in afghanistan they came under heavy fire with this mission. >> according to our information the kidnappers were taliban. they were heavily armed with heavy machine guns, with so-called rpg. rocket propelled grenades and ak-47s. bill: steve centanni follows up in washington. what can we report about this rescue machine? >>
. >> steve: delusional of. tomorrow on our program, laura ingraham, cheryl casone, and actress aisha tyler. big show. >> gretchen: see you tomorrow bill: guys. good morning. as we start this week we want to talk about a dangerous rescue in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm...
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so how high are you right now steve. actually i'm probably flyover six times the legal limit seriously should that cause us to take you more or less seriously and how does your answer to that. illustrate the difference between recreational pot recreational awful. well you know what what all the studies show and we've got studies going back forty years and these are not cheech and chong studies these are not studies from normal these are studies from the national institute drug abuse the national highway traffic safety commission the federal department of transportation not exactly pot lovers and what they've all found and they didn't want to find this they didn't want to come to this conclusion or what their conclusion was that they came to is that you cannot judge impairment by blood content for any drug except alcohol you know i so probably the classic example that is that everybody knows about is rush limbaugh taking so much oxycontin that a normal person would have died from it and yet he was doing a radio show and n
so how high are you right now steve. actually i'm probably flyover six times the legal limit seriously should that cause us to take you more or less seriously and how does your answer to that. illustrate the difference between recreational pot recreational awful. well you know what what all the studies show and we've got studies going back forty years and these are not cheech and chong studies these are not studies from normal these are studies from the national institute drug abuse the...
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Dec 11, 2012
12/12
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KTVU
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here is weather, steve? >>> clouds increasing later on and low clouds mainly out to the valley but the coastal fog is also coming back. we will get some clouds and an overnight brief rain. this is a really thin system but it is going to turn much colder. overnight lows will be if i having more rain and cooler weather is definitely in the mix. our system is here and by the time it arrives it will not do much but this is not a rainy pattern and the snow will be more of a powdery type by the time it gets here. 50s for many and 60s with a brief rain and much colder. 36 in napa, 39 in santa rosa and petaluma and santa rosa is reporting fog so be careful. get used to these readings low clouds, fog, chilly lows or cold lows. mid-50s and very low 60s. >> brief morning rain and we will have colder here and it looks like rain returns on saturday. >>> 5:07 new this morning, burglaries are on the rise in one south bay city. jeanine della vega has more on where it is happening and how police are warning residents, jeanin
here is weather, steve? >>> clouds increasing later on and low clouds mainly out to the valley but the coastal fog is also coming back. we will get some clouds and an overnight brief rain. this is a really thin system but it is going to turn much colder. overnight lows will be if i having more rain and cooler weather is definitely in the mix. our system is here and by the time it arrives it will not do much but this is not a rainy pattern and the snow will be more of a powdery type by...
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46
Dec 6, 2012
12/12
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CNBC
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i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case you want to buy apple. >> there are a million different reasons flying around the street, whether it's a technical sell-off we're seeing, the margin requirement story that we talked yesterday about, any validity to any of that, or is it simply this is a stock that has dominated the action over the course of a year, and people are just taking profits where profits are to be taken. >> i think again a lot of the participation in the stock is short term thinking which is problematic and we'll expand upon that at a later point. again, we talk about the fundamentals of this company and i just don't get it. i know dennis yo
i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case...